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. for the president's proposal the path would include the requirement that those illegal immigrants pay back taxes and fines. that is one topict that this morning we heard mixed support on. mccain ameng those saying he believes will take place. so did senator menendez and senator dick durbin today. >> peter alexander thank you so much from the white house. we will come back to you later in the show. >>> the other big battles between president obama and republicans are mostly budget focused. on march 1 one month from this friday sequester cuts kick in. it is $1.2 trillion. those are cuts to military and discretionary spending. paul ryan says don't expect a last minute deal or any deal at all. >> i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose those. >> joining me now lynn sweet and david who covers the white house for the washington post. good sunday to both of you. let's start with the claim from paul ryan. $1.2 trillion in cuts said to take effect march 1. paul ryan indicating this time there will be no 11th hour deal. >> it is just a bargain pos
a healthy state funded by 80%, but the plus side if they have an unlimited ability to raise taxes. it was really written in there. they can go ahead and tax away to solve the problem. has that worked for california? a limited ability to solve this pension problem. what do you think? >> in california we are very excited to not be the worst anymore. running around the state capital building we are 49. that is at least good news for us. raising taxes now that the marginal tax rate is topping up 13.3% for the richest californians there: accountants in droves finding ways to move their money and we are looking at unfunded pension liability maybe not as bad off, but $181 billion? melissa: i love you, jonathan, but he was so entertaining. going on to say they believe legislative consensus will be difficult to achieve given the poor track record of the past two years. in other words, may have the ability to tax until kingdom come but i don't think they will reform the pension, which they raised taxes in the past and they didn't spend the money to fix the problem. they just spend it. jona
, april 15th. not just tax filing day but the date by which congress has promised to adopt a budget resolution. they even this time stake their pay on it, agreeing to reach a deal or face suspension of their paychecks until they reach a deal. that might just be enough of a carrot to make them actually present a budget that takes on our a bah looning deficit. but that battle may make the recent battle over tax hikes for the rich seem like a friendly game of badminton. big spending cuts are needed and they will hit americans where it hurts -- in their entitlements. i'm talking about health care, medicare, social security. president obama emboldened by his re-election has already drawn his so-called line in the sand. now republicans have to come to the proverbial table. perhaps the most powerful republican in washington, eric cantor, says he and his fellow republicans will have a plan and they are ready to deal. >> i think it's important that we be here as members of the u.s. congress. there are six of us who are here. really interested in the discussion about the global economy. obvio
interviewed by the press. >>> wednesday, tax season officially begins, ugh. the irs begins processing individual income tax returns, 1040 forms. other forms can be filed in late february or early march. new tax laws force the irs to update their systems and delay filing season this year. >>> on thursday senate confirmation hearings begin for defense secretary chuck hagel. he has secured support from several key senators but he's expected to face tough questioning from some republican opponents. and friday is expected to be hillary clinton's last day as secretary of state. the exact timing of her departure depends on hearings for john kerry who president obama tapped to replace her. that will do it for me. cnn newsroom continues right now with don lemon. have a great week. >>> hello, everyone. top of the hour. i'm don lemon. thank you so much for joining us. survivors of a nightclub fire in brazil are describing a nightmare scene. bodies all over the ground. firefighters trying to smash down the walls. terrified people being trampled. so many people dead. this nightclub was way overcro
. if the house is going to be serious about a 10-year plan, it's time with bring a tax bill to the floor. i think it would have helped us in the election if we'd run a tax bill on the floor and actually run a medicare bill. last year's budget was i think about one page. not even one page. there's a lot more heavy lifting than a one-page tax plan. i think republicans could do ourselves good by striking out prorkviding leadership, outlining what a breath program looks like, same with the house and other entitlement reform. let's secure medicare, medicaid, sos and it's one thing to have a paragraph in the budget and another to pass things on the floor. i think it's time we took that chance and put out what we're for in a detailed manner. these are serious times. it's not about gains before the next election. it's gains with our credit worthiness long-term. >> i think it's important to point out that one of the reasons leadership may be able to shorten the years to balance is buzz of the recent tax increases. so it's not just a structural change in what we're doing, it's that there have been tax incr
. >> and now tackled by taxes, and make $75,000, see if he gets to keep any of it. >> "fox & friends" begins right now. ♪ >> good morning, i hope you had a great weekend. >> clayton: yeah, ainsley earhart here, tucker carlson, ainsley fresh off the return to the gun range down there in texas. >> that was so fun. >> clayton: did you fire an a-47. >> no. >> were you nervous? >> i was down in katy, texas, offering free classes to teachers in the area. the class full of teachers and we interviewed why they were doing that and even though you're not allowed to take guns in flarms yet and hoping that does pass the state of texas. >> you looked great down there and we'll talk more about dianne feinstein's legislation, first to the headlines. >> straight to the headlines, an extreme weather alert. the midwest bracing for dangerous ice storms, sleet, snow and ice could leave behind a slippery mess in illinois and michigan as well as missouri. this as the country gets ready for a brief warm-up. rick is tracking it for us this morning. and it's a rollercoaster, hot and cold. >> it is and it's going
a background check and pay a fine and back taxes before gaining legal status in the united states. all that is contingent on securing borders. the proposal provides for increased use of drones, more personnel and improved infrastructure and it would create an employment verification system and improve the process for admitting needed workers. cnn chief congressional correspondent dana bash and cnn chief white house correspondent jessica yellin are working the story. dana, the tone was pretty optimistic up on capitol hill today. >> it sure was but, you know, we have seen this movie before, you and i, wolf, and a lot of other people watching this issue go kind of up and down with the partisan wins. but this is something that is different this time. because of something very simple. and that is what happened in the last election to republicans. particularly mitt romney with the latino voters. he lost big time. and that's why when i asked senator mccain and others who were standing right here where i'm standing, half a dozen years ago, why this is different, that's why they answered that w
like payroll taxes for medicare and social security are putting u yo in a taker category. when the president does kind of a switcheroo like that, what he's trying to do is we are maligning these programs. so it's kind of a convenient twist of terms to try and shadow box a straw man in order to win by default. >> steve, interpret that for common people like me. because there's a lot of double talk there that i didn't hear him explain it that way when he said it originally. and it doesn't make much sense to me now that he has said this. >> no. and the entire message of the last few years of the republican party whether it's makers versus takers, whether it's the 47% theme. the 47% who supposedly don't pay taxes. they're talking about federal income tax. not state taxes, estate taxes, these sorts of things. that the republican party ran into this big problem in 2012 where that message alienated people. >> let me show you what he said in 2005 about social security. now he's talking about how people paid in and it's earned. but he said -- let me quote it. it says -- this is a quote.
. [ phillips' lady ] live the regular life. phillips'. [ phillips' lady ] live the regular life. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollywood. go to facebook.com/progresso to enter. >>> i'm candy crowley in washington with breaking news from the city of santa maria in brazil where a nightclub fire has killed at least 245 people. rafael romo is live in atlanta with more. >> candy, good morning. the death toll now stands at 245 after a massive fire in the city of santa maria in brazil. it broke out at about 2:00 a.m. this morning. more than 3,000 people were attending an event, a celebration as the end of summer in that part of the world when the fire broke out. it was a
line is historic tax rates, how much we raise in taxes and the blue is how many increases president obama is calling for. the red is where spending is going. spending is the problem, revenues are not the problem. if you keep chasing them they will hurt economic growth, shut down the economy and won't get the budget balanced. >> what i heard the president say was programs like social security and medicare and med aid critically important for our future and we need to have a bipartisan commitment to make them work. bob and i have been in a lot of meetings talking about deficit reduction. we need reform in the programs that mean they will live on to serve future generations. that's the message i took from the president. >> referring to bob corker to the left of the screen. the president has a full plate. not just the budget but the issue of guns, and this week he heads to las vegas for a speech about overhauling immigration. so the second term is already kicking off with plenty on his plate. >> all right. peter alexander, white house correspondent, thank you so much. >>> we want to tur
it was fantastic speech. >> it wasn't a liberal speech. we'll tax any estates over $1 million. we're going to put a carbon tax on any carbon. we're going to legalized drugs marijuana for recreational use. we're going to cut the defense in half and send all those dollars to fund schools. that's a liberal speech. we didn't hear that. >> michael: well, he's not going to say all those things. he's not going to decriminalize heroin. >> good point. it would make things funner there. >> michael: it might. some seem to be on it, actually. the idea though, that he was going to say those. this is where he said we and cited great victories in the civil rights movement, not just civil rights but stone wall, women's rights and gay rights. >> the right to vote. >> michael: it was a very clever speech. he we have in martin luther king jr.'s speech. >> from the left and the right. from folks news to the nation claim this was a liberals coming out speech. it just wasn't. if this was a liberal speech yesterday then the conservatives really have won the debate. they have taken mainstream ideas ideas, and titled th
, claim the title. he needs to stay there seven years, pay the property taxes and hope the owner, bank of america in this case, forgets about the place. i'm no lawyer. that sounds a little sketchy. >>> we have pretty tough interviews on "starting point." nothing quite like this. a local reporter goes into an animal pen. see what happens. >> from the manatee county fair, linda carson, abc 7. would you not eat my pants? ahh! >> can we see that again about 100 times? >> not quite the same without the wonderful scream. >> she was at the manatee county fair reporting a story about kids who raise goats. she was completely fine. she was laughing, which is why we can show it again and again and again and again and again and rejoice in its overall awesomeness. >> i have to agree with will. the audio makes the story. >> and the smile on her face at the end. >>> learning more this morning about problems with boeing's batteries that the ntsb investigation is focused on. christine romans with a look on that. richard quest in davos to explain a little about that as well. christine, you start with me
of at tax in benghazi which four americans were murdered the president did an interview with steve kroft which he said, we don't know whether this was an act of terrorism or not. cbs sat on the sound bite, only news on the interview and did not release that to the public until way after it became a major issue in presidential they worked on behalf of the obama campaign. your question which is smart one, why are they doing this? i don't know. "60 minutes" is good show a lot of the time. martha: they will take heat for this for some time. >> he is like kryptonite for them. martha: "60 minutes" interview with the president, propaganda. >> melts with obama for some reason. >> also, martha, the other thing is probably the first half the interview is old news. we know how the secretary of state was chosen. we know about the back and forth. this already has been reported on. this is not new information like he was getting new insight how this came about and how they got over their relationship. it really was just a campaign endorsement. martha: yeah. huge questions about how good a secretary of
a more effective tax system. it reduced taxes going forward. and i think we could have had a booming environment. i may be wrong. that's my own personal belief. if we had a grand bargain, america will take off. i think it's very important for america to get strong. the rest of the world needs us to. europe still has its issues. i think it's important that america kind of took the lead here. >> what does your gut tell you about all of this money moving into stocks recently? do you think this is sustainable? >> yeah, if the economy grows, it's sustainable. you know, it's not just america, it's european, japanese and chinese companies. but you're still buying them at fairly good prices. and your alternatives aren't really that good. so, yes, i'm comfortable owning stocks right now. >> my thanks to jamie di plrksz on. >>> the state of business, the state of investors and the state of europe all part of the conversation here this week from citi ceo to a billionaire philanthropist. here's what they had to say. >> our strategy is really focused around a few of the big secular things that ar
there are rules to ensure competition and fair play. the broad shoulders of a rising middle class. revamp our tax code. reduce the cost of health care. medicare and medicaid and social security. they do not make us a nation of takers. the threat of climate change. sustainable energy sources. our forests and waterways, our crop lands and snow-capped peaks. seneca falls and selma and stonewall. earn a living equal to their efforts. our gay brothers and sisters welcome the striving, hopeful immigrants. the quiet lanes of newtown. >> joining me now, msnbc contributor jimmy williams and former rnc chairman and msnbc analyst michael still. gentlemen good to see you both. jimmy let me start witd you immediately. a lot of people criticized the president's speech. to be expected to some degree. did that sound like hey i won you lost. this is how it's going to be? >> i hate to break the news to people but that is exactly what happened. i went back this morning and looked at reagan's second inaugural and george bush jr.'s second inaugural. reagan talked about economics and the role of government. bush, terr
for us. because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and show real leadership and be proactive on a big spending cut proposal and medicare put proposal because he doesn't want to go there. why throw the long ball when it comes to gun control but not take a leadership role when it comes to spending cuts? >> well, he is. in the negotiations up to the fiscal cliff, the president put things on the table. $400 billion in medicare cuts. he was talking about change cpi, which -- >> you're talking about more revenue. that's not big enough on medicare cuts according to simpson-bowles and others. >> we have already done $1.7 trillion in cuts. we've done $600 bil
at president obama on guns. >> there's only two reasons for a federal list on gun owns. tax them or take them. >> and surprising views on guns. >> i know how newtown happened. i'm still really, really wrecked over why. >> and talk about upset. serena williams temper tantrum on the court. a big conversation tonight. this is "piers morgan tonight." >>> good evening. apologies for my ridiculous voice. my critics will be thrilled that i have nearly been silenced but i'm still going on it on a positive note, i always wanted to sound like barry white so i'll try to get through this as best i can. inauguration seems like such a long time ago. tonight the country is arguing over everything from guns to weather to hillary clinton. a battle over benghazi, she gave as good as she got. it was an extraordinary moment. listen to this. >> the fact is we had four dead americans. was it because of a protest or because of guys out for a walk one night that decided to go kill americans. what difference at this point does it make? it is our job to figure out what happened and do everything we can to prevent it f
. and people can hide there, essentially. if they need to. and mount a tax on population centers. so when the whole of the northern part of marli early last year to a group of dis pretties and infamous rebels, and well-organized people militarily, and got together to do it, not only is it governored, it's governored by people who want to do harm to some of the western interests. so that's why the french inter -- >> mark, we leave you there. thank you very much. apologies for the slight problem in the sound. but fantastic to have mark there in marli. well, as we heard from aaron, the global unemployment picture is a bleak one with fears of more job cuts and increasing numbers of people are coming to terms with years of livering with austerity. our correspondents have been to germany where thousands of migrant workers have left behind their old lives in a future away from home. >> they flew in from the sunny skies of spain to a cold winter in germany. today, five more nurses. all of them have jobs lined up here. all of them are going to have to learn german fast. >> why have you come here?
to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve jobs did, that
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tax dollars, billions of them. and now all of a sudden some are suggesting we should change the rules when we are hit by the first major disaster to hit the new york city region in a very long time. that's not fair. that's not right. and we have argued against it, and i hope my colleagues will defeat the lee amendment. and i also say to my colleagues that this is not just dollars and cents. these are people who care, are waiting, homeowners waiting to rebuild their homes. they haven't moved back in. small business owners who are hanging on by a thread after building a business for 25 years. we know when the hand of god strikes, it's overwhelming for them. take rita from emerald magic lawn care. her company helps local families, schools and businesses with lawn care in the spring and summer and around the holidays they help with decorations and lights. but emerald magic's business was interrupted for many weeks. the client base dried up. rita's business will be in huge trouble. it may not survive if she doesn't get a lifeline and get one now. so this is very important. week after week,
taxes sapped growth when you're starving for growth? >> reporter: yeah. and christine lagard, the former french finance minister is here. she and others said, yes, it's gone too far. it is stunted growth. while cutting debt, while cutting expenses, it has had the opposite infect. rather than creating growth and creating an environment for businesses to invest because they think governments are being responsible, things have slowed down so much there's been so much unemployment, 11.6% in the euro zone than it's having the opposite effect. we have to find a more dalan ba approach to how we go forward. europe has a disproportionate influence of this conversation. there is a conversation particularly vis-a-vis the united states as to how much is too much and how much austerity, how much in terms of cutting back is actually enough, christine? >> really nice to see you. when you run into indiana jones, he can have his hat back. nice to see you. >> how many bars are there over the world that have pictures of you in them? >> no, i turned 28 at a davos -- last year -- and it was one of the best b
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second-term agenda from tax reform, to immigration overhaul, preserving the social safety net, to reducing gun violence. and he promised progress on climate change. >> we will respond to the threat of climate change, snowing that the failure to do so would betray our children and future generations. >> yesterday, leaving the inaugural platform on the west front, the president waxed nostalgic. >> i want to take a look one more time. i'm not going to get to see this again. >> now, great britain has royal weddings, but this was a uniquely american ritual, with all its pageantry, a time when the city seems full of former presidents, when hollywood descends, every once in a while this happens, on the potomac. music's first couple, that's beyonce and jay-z watched him take the earth. and president carter started another transition 36 years, getting out of the presidential car and walking along the parade route. it was warmer this time than it was four years ago, so the president and the first lady got out of the car twice yesterday. also caught on camera, the first family acting lik
success with this new strategy. he got taxes increased by over $600 billion. the republicans have at least begun to back off on the debt ceiling fight. you note that sandy aid passed even though it only got 46 republican votes in the house. it seems to me this strategy of laying out what you want and then negotiating is better than trying to figure out what the other side wants. >> chairman steel, there's been some discussion as to whether this was even, many of the, that progressive of a speech, but the reaction from conservative outlets -- >> oh, baby, it was. >> i have been waiting for the real barack obama to show up, and i don't mean that as a criticism. i mean that honestly. knowing him as i have come to know him over the years, going back to when he first came to washington as a senator, that's the guy that i as chairman was prepared to do battle against and framed my chairmanship and even wrote a book about how to defeat this agenda, this very progressive agenda for conservatives to wake up coming out of the slumps of 2006 and 2008. >> can i say one thing, though, and ezra, i would
could happen with the fortune. and really could. it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from bemis. its stock symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brandnew bull market in packaging of all things. you're going to see i said that. i'm expecting a very good quarter after the close. we get the new one, the ipo, barry plastics. the other packaging bull market player. i think there's a lot to like here too. on the lookout for both of these. if buy my stock goes down ahead of when it reports, buy its stock. all right. now, on friday morning i think you're going to see the contrast between the world's largest oil company, exxon, which has truly become a serial disappointer, and chevron, which has become a company tha
this. restart. marshall friday. many of you nestle listing. so i'm very, very proud that tax papers are here, as i said, where they belong. now to return to his question, actually, initially i had a very negative approach. it did not start out very well. when jack retired he came back. he brought home with them about 20 boxes of the biggest mess you ever saw. jack was not just organized. he was opposed to this organization. anyway, i started out to help him sort the papers. and so i have bought all these file boxes. about folders and everything. the pick of the paper and sick and the way you think this one goes? the atlanta constitution or the marvin griffin administration. he was sick and give me that and start reading it. he read every piece of paper. he could not part with a single one. after today's idea of. okay. it's all yours. the second reason i had a negative impression was that they brought silver fish into the house. [laughter] so after he died in that a side that, you know, his memoir needed to be completed. it was a wonderful read. an important book. i knew that meant a
is in washington, d.c. is your way or the highway. i mean the republicans won't touch taxes and the democrats -- >> but that is to the true. we just touched taxes. the sequestration is touching the fence. at some point it's great rhetoric, but it's not reality. >> also discretionary spending is at its lowest since 1953 and under this president we have addressed spending cuts. >> no, we have touched -- >> let's talk about -- >> we've touched discretionary because mandatory, medicare, medicaid, veterans' benefits are where the explosion is. >> aging population. >> the administration, the president particularly has gone to the table for a grand bargain several times and seems that much of the republican caucus in the house has not accepted some of the sacred cows that the administration has put on the table. the president talks about this in the interview in detail. >> i come back to the rule of life. a dollar spent on "a," cannot be spent on "b." you wonder why discretionary spending is so low, because nondiscretionary spending is crowding out the marine corps, scientific -- we'll be in an assi
are? this does include taxes, and it is a hotel. but it doesn't include your mortgage. you're paying $95 million. and then what do you pay -- >> during the commercial break i guessed 17 grand a month. >> i would like to raise that -- >> 17 grand a month? >> to 55 grand a month. >> very close. 60,000 a month in monthly maintenance fees. now that does include twice -- it includes maid service and a spa and some other things. so you're paying $95 million and then you're paying $60,000 a month in maintenance. but we bring you through all kind of apartments tonight. $160 million worth of real estate in new york. >> are these places back? i mean for awhile things crashed and nobody could afford these places. are they really back? because we still talk about how on wall street those pay packages are coming back. >> that's what everyone was saying a year ago, two years ago. two things happened. one is foreign money. i mean one of the great things about this show tonight is we bring you through with a russian buyer as he's in central park west. the russians, the chinese, the latins, especiall
and robert kennedy, were trying to attach to the bill a constitutional amendmentle outlawing the poll tax. this was something that needed to be done, obviously. the attorney general katzenback feared the courts were going to say it's unconstitutional. you have to do it by an amendment. you can't do it this way. and so there was going to be a critical vote in which it was possible that the democratic liberals and the republican liberals were going to attach this thing on. what bothered the administration was they barely had the votes, 67 votes, to defeat a southern filibuster. and if they couldn't break the southern filibuster, there would be no legislation. so, johnson called up dr. king -- i urge all of you to get some of these tapes and listen to them. the conversations between king and johnson are absolutely priceless. and johnson said, dr. king, -- because king wanted to support this plan. he says, well, dr. king you have to make up your own mind of -- about who you want to trust, who you want to think is representing your cause, and if you believe you want to support this amendment a
some of the romney tax cut proposals. but let's look at this from a progressive perspective -- see, it's starting to hit me -- >> there you go, the vodka. >> you know, as senator coburn says, if we don't do some common sense rational things, in 20 years or in 15 years or even in 10 years, we're going to have a budget that is completely taken up by entitlements in the pentagon. and that will be the only thing we're capable of funding. it's the only thing we'll be able to use the power of some progressive government to try to change. you can't be -- i don't think you can be a really good advocate for education, if at the same time, you also don't make a powerful argument to get our priorities in order and make sure that we're capable, as a society, of responding to what we need to, because we are not fixed into a budget math problem that is so intractable as senator coburn says, that we sort of just drive off the edge. >> and michael, we have no money for discretionary domestic spending to invest in education, infrastructure, r&d. >> right. >> the things that government, we've grown to e
and not spending while we don't have. the people have given us seven years of extra taxes. let us follow the wisdom of joseph, pay down our debts, and store up reserves against the leaner times that will surely follow. >> reporter: in other words, the millions of dollars in cuts to social and health services for the poor will remain in place for now. >> we also need to rethink and streamline our regulator procedures. >> even republicans were happy to hear. >> i think his heart is in the right place but with jerry brown you have to look at what he does. >> reporter: on the other hand, some bay area democrats felt the governor was coming up short on compassion for the poor and disabled. >> not to spend more money but to spend it more wisely. >> reporter: they both agreed on his stand against ongoing hikes in stated college tuition. >> i'm not going to let them become the default financiers of our colleges and universities. >> reporter: his call to give more education money to poor schools possibly at the expense of richer suburban districts. >> i'm be
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